Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: Vector1 who wrote (5004)	5/29/1998 11:07:00 AM
From: Rocketman	Read Replies (1) \| Respond to of 9719

I figure ICOS will return to $16 - $17 within a week or so. What do you think we should cover at??? Rman

To: Vector1 who wrote (5004)	5/29/1998 12:03:00 PM
From: Rocketman	Respond to of 9719

Man, pulled up ICOS 1Q financials. Pretty ugly looking for an $850M market cap. They've got enough cash for about 4 more months, so (to quote PB: "back up the truck") look for brother Bill G. to open his vault and use his front end loader to fill up a few truck loads of cash for ICOS later this year. Of course Bill will want that share price a lot lower before he ponies up, so expect some manipulation to see this sucker drop in price before more cash arrives. Raising cash is not an issue for this company though, with investors like Gates, and management who can walk on water, this will remain an overvalued company, but even at $16 IMHO it is still overvalued. Check out the ICOS volume today: with 40 M shares outstanding, they've traded 15 M shares so far today. Rman